[Triton]

with all those nsfs a mca will not consolidate them. obviously easier to give him a smaller advance then be the first lender on a much bigger advance.

He won't accept another position. He could just go back to any of the 7 lenders who have been nickle and diming him.

[AndyYSCISOdept]

He won't accept another position. He could just go back to any of the 7 lenders who have been nickle and diming him.

There is a reason for that, a lot of the details on this deal are not adding up. If a merchant truly wants to consolidate there are plenty of options out there, but by the time a merchant has 7 positions etc., that shows a fundamental flaw in the business.

[JoeLepkoski]

Advance companies are not going to fund a business they don't believe can pay them back, the real "bottom feeders" you should be referring to are the reps and brokers that are convincing this merchant to take advance after advance and coaching the merchant into saying whatever they need to to convince an advance company that the business can sustain the payments. These brokers are the ones "nickel and diming" the merchants business so they can make multiple commissions on the deal, knowing they are putting the business in a bad situation.

[#1closer]

are all those postions ach ? is any a split ?